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Samsung announces $17bn chip plant for Texas (Al Jazeera)

South Korean tech giant Samsung Electronics said it would build a $17bn chip plant outside Austin, Texas, to make advanced chips used in phones, cars and other electronic devices.

The plant would create 2,000 high-tech jobs with construction to begin in the first half of next year, and production due to start in the second half of 2024, Samsung said in a statement on Wednesday. It would also create at least 6,500 construction jobs, Texas Governor Greg Abbott said in a press release.

Samsung announces $17bn chip plant for Texas | Technology | Al Jazeera